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    Property profile & analytics

    501 James Jackson Ave Cary, NC 27513-8101

    • Warehouses
    • 12,308 SF
    • 1.66 lot acres
    OFF-MARKET
    Value Estimation
    $890,000
    Location Intelligence
    Property ID
    US53-1514926
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • FASTSIGNS / Sign Shop
    • Cary Group / Civil Law Attorney

    Property Details for 501 James Jackson Ave

    Year built
    1999
    Construction
    CONCRETE BLOCKS
    Lot size
    1.66 lot acres
    Property size
    12,308 SF
    Zone code
    ORD
    Property type
    Warehouses
    APN
    0754.11-55-7678 0247166
    APU
    754115576780247166

    Description

    This Cary, NC property offers 13,500 square feet of versatile flex space across five suites, situated at 501 James Jackson Avenue, at the intersection of Towerview Court, between Maynard Road and Cary Parkway. The single-story, 1999-built building underwent renovations in 2016 and is classified as Class B. The 1.66-acre lot is zoned ORD. Available spaces range from 2,050 to 4,000 contiguous square feet, with 8,150 square feet currently vacant. Units 501 and 503 (4,000 sq ft total) feature large open areas, expansive storefront windows, and roll-up doors, ideal for industrial or retail uses. Unit 505 (highly visible from James Jackson Avenue) offers double-pane windows and is suitable for office, salon, or medical spa use; existing furniture, fixtures, and equipment are available for $11,111. The modified gross rent for Unit 505 is $22 per square foot annually. Unit 507 is currently leased. All units offer floor plans for review. The property boasts ample dedicated parking, highly visible signage, and is handicap accessible. Electric power is available. There are no elevators.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $830,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,185,000
      6.5%
      $1,060,000
      7%
      $1,090,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,255,000
      Geo Method
      $985,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,150,000
      Retail
      $1,265,000
      Mixed-Use
      $1,360,000
      Hospitality
      $1,345,000
      Educational
      $1,200,000
      Residential Income
      $1,135,000
      Energy
      $1,360,000
      Income-Based Land
      $1,100,000
      Food Service
      $1,325,000

    Location Insight

    • Map
    • Local Demand
    City
    Cary
    County
    Wake
    State
    North Carolina
    Longitude
    -78.8119
    Latitude
    35.7987
    CBSA code
    39580
    CBSA name
    RALEIGH-CARY, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,876
    $414,792
    $1,469,020
    $1,883,812
    -
    $414,792
    $1,469,020
    $1,883,812

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation
      $290,000
      1,998 SF

      111 Centrewest Ct

      WAREHOUSE, STORAGE • 1,998 SF
      111 Centrewest Ct, Cary, NC 27513-2015
      View Details
    • Value Estimation
      $290,000
      1,998 SF

      113 Centrewest Ct

      WAREHOUSE, STORAGE • 1,998 SF
      113 Centrewest Ct, Cary, NC 27513-2015
      View Details
    • Value Estimation
      $415,000
      8,400 SF

      8065 Chapel Hl Rd

      WAREHOUSE, STORAGE • 8,400 SF
      8065 Chapel Hl Rd, Cary, NC 27513-4168
      View Details
    • Value Estimation
      $410,000
      4,500 SF

      8055 Chapel Hl Rd

      WAREHOUSE, STORAGE • 4,500 SF
      8055 Chapel Hl Rd, Cary, NC 27513-4168
      View Details
    • Value Estimation
      $330,000
      3,422 SF

      321 Durham Rd

      WAREHOUSE, STORAGE • 3,422 SF
      321 Durham Rd, Cary, NC 27513-4044
      View Details

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    501 James Jackson Ave
    Cary, NC 27513-8101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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